Flexible features

The following two features are normally available with our mortgage products, however there may be limits on the amount of overpayments. See current mortgage range section for detailed descriptions of each particular mortgage, which will also highlight any product fees or early repayment charges which may be payable.

Overpayments

Depending on the product chosen, you could significantly reduce the total amount of interest you pay and potentially knock years off your loan by paying more than your usual monthly payment, or by making occasional lump sum payments on top of your usual monthly payment.

Any additional payments you make will immediately reduce your mortgage balance and so reduce the amount of interest we are charging you. This can help reduce future payments or, if you prefer, you may contact us to reduce the length of time remaining on your mortgage.

Underpayments and payment holidays

If you have previously overpaid, you can underpay or even take a break from making your monthly payments up to the amount you have previously overpaid. Underpayments or payment holidays have to be agreed with us in advance and will increase the amount of interest we charge you. Interest continues to be charged during payment holidays.